WASHINGTON DC – Newmark Knight Frank has been selected to exclusively represent ownership in marketing the 17-property, Washington Intern Student Housing portfolio.
The portfolio comprises a collection of apartment buildings, townhomes and rowhomes that the WISH Foundation has acquired throughout the past 30 years in effort to offer students a safe place to live in the nation's capital.
"In the late 1990's my husband and I realized that there were all these students coming to DC who didn't have money for food or the metro, so we started acquiring properties offering affordable housing where they'd pay no more than what they were charged back in their hometowns," states Jackie Lewis of the WISH Foundation. "We bought prime properties because we had safety concerns for the students and found we didn't need to charge a lot in rent as we were able to leverage the appreciation of the properties as a way to subsidize their rents."
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
